1. Alabama
  2. Hazel Green
  3. 2364 Elkwood Section Road
$397,000

2364 Elkwood Section Road, Hazel Green, AL 35750

  • 4,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $99/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

This is an exceptional chance to acquire and develop a current mobile home park that generates $65,000 in annual income, cap rate of over 15%. The property is already a profitable investment, offering significant upside potential for savvy developers or investors looking to maximize returns. Key Features: Current Annual Income: $65,000 Cap Rate: Approx. 15%+ Solid Tenant Base: Established park with a steady cash flow from existing residents. Plenty of room for expansion with engineers site plan included in documents.

Listing Status:
Active
Date Added:
July 15, 2025 at 05:00AM
Listing Office:
New South Realtors : 256-325-8500
MLS ID:
21894171
  • General: One

This listing courtesy of New South Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Madison Cross Roads Elementary School

11548 Pulaski Pike, Toney, AL, 35773

Grades KG-5

4.70 miles away

M

Meridianville Middle School

12975 Highway 231 431 N, Hazel Green, AL, 35750

Grades 7-8

7.68 miles away

H

Hazel Green High School

14380 Highway 231 431 N, Hazel Green, AL, 35750

Grades 9-12

5.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.